A look at the day ahead in European and global markets from Tom WestbrookThe seasons are turning but markets not so much. Asia has met a limp lead from Wall Street with little confidence, as things slip into a holding pattern ahead of today's U.S. jobs data and then a long weekend in the United States.
The seasons are turning but markets not so much. Asia has met a limp lead from Wall Street with little confidence, as things slip into a holding pattern ahead of today's U.S. jobs data and then a long weekend in the United States.
Few seem game to sell a dollar that is sweeping all before it - pushing the euro below parity, the yen to the weaker side of 140 and sending the yuan toward the psychological 7-barrier. But market eyes are firmly on the U.S. non-farm payrolls data for August, with a strong report likely to intensify the view that rates are headed higher for longer.